Tag: data
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China economic growth falls sharply, missing target
Weak demand domestically and the impact of the Iran war on oil prices overshadowed the country’s strong exports.
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SLB partners with Liberty Energy to supply modular parts, power to data centers
July 14 : SLB said on Tuesday it has partnered with Liberty Energy to supply modular parts and power to data centers, as the oilfield services firms look to tap surging demand from the AI boom.• Under the deal, SLB said it would design and supply modular and prefabricated components for data center projects
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Pollution from Musk’s unpermitted xAI power project hits hardest in Black communities
July 14 : Elon Musk’s artificial intelligence company xAI has installed 59 natural gas turbines for its Colossus 2 data center project in Tennessee without securing federal clean air permits, according to communications between regulators and xAI representatives.Potential emissions from the turbines are far
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New York becomes the first state to impose a data center moratorium
July 14 : New York became the first U.S. state on Tuesday to halt construction of large new data centers, imposing a one-year moratorium as concerns grow that the facilities driving the artificial-intelligence boom are raising power costs, straining water supplies and burdening local communities.The moratoriu
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India’s workers train AI that may replace them
In India, thousands of factory workers are helping train AI-powered humanoid robots by wearing body-mounted cameras that record their every move, creating data used to teach machines human tasks.
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China’s June trade tops forecasts buoyed by AI boom
BEIJING: China’s exports surged in June, buoyed by demand for chips and data centre computing power to fuel the global AI boom, giving policymakers grappling with how to boost domestic demand in the world’s second-largest economy a much-needed buffer.The stronger-than-expected trade performance shows Chinese
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Dollar steady before US inflation data, yen under pressure
TOKYO, July 14 : The dollar steadied on Tuesday ahead of U.S. inflation data, with Middle East tensions lifting oil prices while the yen held a soft tone amid caution over possible intervention and after policymakers’ comments on state pension fund allocations.The dollar index, which measures the greenback ag
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Meta expands Louisiana data center to 5 gigawatts, investment crosses $50 billion
July 13 : Meta said on Monday its data center in Richland Parish, Louisiana, will expand to 5 gigawatts of compute capacity, with investment in the project increasing to more than $50 billion.The planned data center, known as Hyperion, was earlier projected to deliver more than 2 gigawatts of compute capacity
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White House to rally utilities, data centers for AI power cost pledge, sources say
WASHINGTON, July 13 : The White House plans to bring together utility companies and data center developers to make a voluntary pledge designed to ensure that rapid growth in electricity demand from artificial intelligence does not drive up power bills for households and businesses, according to three people familiar
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Meta expands Louisiana data center to 5 gigawatts compute capacity
July 13 : Meta said on Monday its data center in Richland Parish, Louisiana will expand to 5 gigawatts of compute capacity, in a bid to support the social media company’s AI ambitions. Since breaking ground in December 2024, local Louisiana businesses have received more than $1.6 billion in contracts from Met
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